For the most accurate information regarding the deliverability of freight in the maritime industry, companies look at the statistics offered by Drewry Shipping Consultants. This London-based group examines ocean freight shipping worldwide. Recently, they provided some insight regarding the congestion on the West Coast ports. While many experts can debate the causes for the congestion, Drewry Shipping Consultants offers some advice based on the statistics. Their latest report showed how bad the congestion is currently. And while some people believe that the congestion will end now that the holiday shipping season is long over, Drewry Shipping Consultants argues that the congestion delays will probably continue beyond the holiday season and well into the first few months of 2015. This is not good news for those who ship ocean freight.
The Journal of Commerce revealed some the statistics about the congestion. Trans-Pacific shipments averaged a horrendous delay of 2.4 days. Since July, the amount of on-time shipments at the Port of Los Angeles and the Port of Long Beach declined from 90%-46%. The problems go beyond the West Coast. Trans-Atlantic ports also saw a decline of on-time shipments. The number one route with the most on-time reliability is Asia-Europe.
Carriers’ on-time reliability ranged from 81% to under 50%. As a result, some carriers are temporarily suspending some calls for West Coast ports. With some carriers losing reliability, this is the time for shippers to reach out to a trusted freight forwarder who can locate reliable carriers. Hopefully, the industry changes and congestion at the ports can decrease.